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Romulus 48174 Romulus
34730 Lynn Drive
$85,000
● House - Off Market

34730 Lynn Drive

Romulus, MI 48174
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,042 Ft²
$95,403
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

All Offers due by Saturday February 6th at 5 p.m. Cute little brick ranch fixer upper for the right buyer or investor who's ready to put in some sweat equity. Three bedrooms, partially finished basement, two-car garage, back yard, on a quiet street close to the highway and to amenities. Cash or rehab loans only.
Unit Size
1,042 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$72
Property Type
House
Property Taxes
$122
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #23111325)

Price History

Date / Event Date Event Price
Feb 24, 2021 Sold
Premium
Sold
Feb 3, 2021 Listed by Coldwell Banker Realty Ann Arbor $75,000
Listed by Coldwell Banker Realty Ann Arbor
Mar 8, 2010 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 864
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 550
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WYNDCLIFT ESTATES SUB
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 16B110 LOT 110 WYNDCLIFT ESTATES SUB T3S R9E L 88 P 40 41 WCR

Neighborhood

  • School District Name: Romulus Community Schools
  • School Tax School District: ROMULUS
  • Census Tract: 585700

Zoning

  • Zoning: R1B-S.F

Geography

  • Assessors Map Reference: MAPS 62 06 23
  • District: 80
  • Section: 02
  • Parcel: 80 062 02 0110 000
  • Lot: 110
  • Municipality: ROMULUS CITY
  • Latitude: 42.2339
  • Longitude: -83.3785

    Address

  • Full Address: 34730 Lynn Dr
  • Address - House Number: 34730
  • Address - Street Name: Lynn
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Romulus
  • Carrier Code: C065
  • 4-Digit Zip Code: 1565
  • Zip Code: 48174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $266,987
  • Tax Rate Code Area: 82130

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 122,943
  • High Value: 179,071
  • Low Value: 66,814

    Market Valuation

  • Market Total Value: $126,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021072860
  • Previous Sale Recording Date: Mar 08, 2010
  • Previous Sale Contract Date: Feb 25, 2010
  • Previous Sale Amount: $71,468
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Romulus

Stats & Trends

Median Asking:

$220,000

Sale Price/ft²

$163

Above Asking

0.00%

Average Days on Market

55

Average Home Size

1341 ft²

Average Home Age

45.2 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Samuel S Vail, Coldwell Banker Realty Ann Arbor
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 23111325
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 34730 Lynn Drive built and last sold?
The property at 34730 Lynn Drive was built in 1966 and last sold on Feb 22, 2021 for $85,000.
How much is this home worth?
The estimated value of the home located at 34730 Lynn Drive is $83,142.
What are some comparable homes to 34730 Lynn Drive?
There are currently no comparable homes to 34730 Lynn Drive.
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